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Find the PV of an ordinary annuity that pays $1,000 at the end of each of the next 5 years if the interest rate is

Find the PV of an ordinary annuity that pays $1,000 at the end of each of the next 5 years if the interest rate is 11%?

Find the PVA of the annuity using the Excel function

Rate Nper PMT FV PV

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